currency trading and gold trading provides enough profit to carry out the business??

Answer
whether forex trading of currency pair and gold is good?for these kinds of questions what do you think the answer should be according to me forex trading currency is good because it is well secured in every thing because For any newcomer in the forex market, it is vital to choose the right trading account. A correct currency trading account is essential to start in the currency trading market.

Before selecting the account one must be aware of the pitfalls here. In a large and unregulated market like this, at any time lot of freshers tries out their luck. At the same time there are people who are trying to make money at the expense of the newcomers. They are legal and hence and if you fall for them there is no way to get redressed.

Here are a few points which should be kept in mind before plunging in the forex market.

News for Forex/Gold trading?

Q. Which news websites can I follow which is directed soecificly for forex/metals traders.
Please advice

Answer
During the London trading session, there is no better news resource than CNBC that begins broadcasting for the new day at 3:00 am CST.

Forex news websites are easy to find:
http://www.dailyfx.com/
http://www.forexnews.com/
http://www.fxstreet.com/brokers/forex-brokers/
http://forexblog.oanda.com/
http://www.goforex.net/forex-basics.htm

For forex education and ideas:
http://www.babypips.com/

Free forex ebooks
http://forexebookz.blogspot.com/2008_01_01_archive.html

If you open a forex account, like through FXCM, you will usually have access to a forex news feed.

Q. I heard about Forex trading, but i really don't know much about it... for example, i am individual and i want to buy stocks in some companies.. Do i have the control in my stocks (like determining the time to buy or sell stocks) or it is only in the hands of the Forex company?... How about others like Gold?
Ok, let me make it clear... lets say i want to trade in stocks.. how can i do that? do i have to find a company to trade for me? but in this case, my stocks will be totally in the hand of the company.. how can i take control of my stocks (like buy or sell them) whenever i want?
Also, i also want to know if i want to sell all my stocks in specific company?
Can i do that by myself ? i mean what is the relation ship between the investor and the stocks company?

Answer
Forex trading and stock trading are completely different. Forex is gambling based on changes in geopolitics deemed likely to influence perceived currency values.

Stock trading is based o your purchase and/or subsequent selling of positions in individual companies. I trade (buy, sell or both) daily throughout the week but never bet in favor of or against currencies.

You can buy gold stocks on the stock market and Forex won't be your passport.

Len

Relationshiop Of Gold with US dollar?

can any one tell me is Gold has any relationship with US Dollar while we trading in forex in other words when Gold up can dollar of usd decline or also up any relationship

Answer
Gold has a safe haven status. It is used to hedge against a weaker dollar. Normally when dollar gets weak gold gets stronger, infact this use to be so in older days. Gold is not really living up to its safe haven status anymore. The inverse relationship between gold and the dollar is no longer an obvious given, as there are many other highly liquid assets out there that are just as safe, and even safer than gold whose value can just be as manipulated by central banks as the dollar value. But I will tell you something - at this point in time we are on uncharted territory. The currency markets are in for some rocky times ahead. Right now, and for the last few years, golds movement correlates with the stock markets movement. And the inverse relationship between gold and dollar is fading. What I am seeing today is a weak dollar against or vs strong other markets and not just gold.

I heard about Forex trading, but i really don't know much about it... for example, i am individual and i want to buy stocks in some companies.. Do i have the control in my stocks (like determining the time to buy or sell stocks) or it is only in the hands of the Forex company?... How about others like Gold?
Ok, let me make it clear... lets say i want to trade in stocks.. how can i do that? do i have to find a company to trade for me? but in this case, my stocks will be totally in the hand of the company.. how can i take control of my stocks (like buy or sell them) whenever i want?
Also, i also want to know if i want to sell all my stocks in specific company?
Can i do that by myself ? i mean what is the relation ship between the investor and the stocks company?

Answer
Forex trading and stock trading are completely different. Forex is gambling based on changes in geopolitics deemed likely to influence perceived currency values.

Stock trading is based o your purchase and/or subsequent selling of positions in individual companies. I trade (buy, sell or both) daily throughout the week but never bet in favor of or against currencies.

You can buy gold stocks on the stock market and Forex won't be your passport.

Len

Relationshiop Of Gold with US dollar?

can any one tell me is Gold has any relationship with US Dollar while we trading in forex in other words when Gold up can dollar of usd decline or also up any relationship

Answer
Gold has a safe haven status. It is used to hedge against a weaker dollar. Normally when dollar gets weak gold gets stronger, infact this use to be so in older days. Gold is not really living up to its safe haven status anymore. The inverse relationship between gold and the dollar is no longer an obvious given, as there are many other highly liquid assets out there that are just as safe, and even safer than gold whose value can just be as manipulated by central banks as the dollar value. But I will tell you something - at this point in time we are on uncharted territory. The currency markets are in for some rocky times ahead. Right now, and for the last few years, golds movement correlates with the stock markets movement. And the inverse relationship between gold and dollar is fading. What I am seeing today is a weak dollar against or vs strong other markets and not just gold.

I heard about Forex trading, but i really don't know much about it... for example, i am individual and i want to buy stocks in some companies.. Do i have the control in my stocks (like determining the time to buy or sell stocks) or it is only in the hands of the Forex company?... How about others like Gold?
Ok, let me make it clear... lets say i want to trade in stocks.. how can i do that? do i have to find a company to trade for me? but in this case, my stocks will be totally in the hand of the company.. how can i take control of my stocks (like buy or sell them) whenever i want?
Also, i also want to know if i want to sell all my stocks in specific company?
Can i do that by myself ? i mean what is the relation ship between the investor and the stocks company?

Answer
Forex trading and stock trading are completely different. Forex is gambling based on changes in geopolitics deemed likely to influence perceived currency values.

Stock trading is based o your purchase and/or subsequent selling of positions in individual companies. I trade (buy, sell or both) daily throughout the week but never bet in favor of or against currencies.

You can buy gold stocks on the stock market and Forex won't be your passport.

Len

Relationshiop Of Gold with US dollar?

can any one tell me is Gold has any relationship with US Dollar while we trading in forex in other words when Gold up can dollar of usd decline or also up any relationship

Answer
Gold has a safe haven status. It is used to hedge against a weaker dollar. Normally when dollar gets weak gold gets stronger, infact this use to be so in older days. Gold is not really living up to its safe haven status anymore. The inverse relationship between gold and the dollar is no longer an obvious given, as there are many other highly liquid assets out there that are just as safe, and even safer than gold whose value can just be as manipulated by central banks as the dollar value. But I will tell you something - at this point in time we are on uncharted territory. The currency markets are in for some rocky times ahead. Right now, and for the last few years, golds movement correlates with the stock markets movement. And the inverse relationship between gold and dollar is fading. What I am seeing today is a weak dollar against or vs strong other markets and not just gold.

I know that the stocks/ETFs UNG and GAZ are tied into the price of natural gas but supposing I have a stock trading account but no commodities like forex, gold, oil etc. Is there a way I can bet on the price of gold and the price of oil through a stock rather than having to open a forex account?

Answer
Yes,

1x long gold
SPDR Gold Shares (GLD)
http://finance.yahoo.com/q?s=gld

2x long gold
PowerShares DB Gold Double Long ETN (DGP)
http://finance.yahoo.com/q?s=dgp

1x long silver
iShares Silver Trust (SLV)
http://finance.yahoo.com/q?s=SLV&=

1x long USD
PowerShares DB US Dollar Index Bullish (UUP)
http://finance.yahoo.com/q?s=uup&=

oil/ and related
iPath S&P GSCI Crude Oil Ttl Ret Idx ETN (OIL)
http://finance.yahoo.com/q?s=oil&=

Energy Select Sector SPDR (XLE)
http://finance.yahoo.com/q?s=xle&=

2x long
Ultra Oil & Gas ProShares (DIG)
http://finance.yahoo.com/q?s=dig&=

2x short
UltraShort Oil & Gas ProShares (DUG)
http://finance.yahoo.com/q?s=dug&=

Oil Services HOLDRs (OIH)
http://finance.yahoo.com/q?s=oih&=

to name a few...

Which stocks or ETFs are linked to the price of gold?

I know that the stocks/ETFs UNG and GAZ are tied into the price of natural gas but supposing I have a stock trading account but no commodities like forex, gold, oil etc. Is there a way I can bet on the price of gold and the price of oil through a stock rather than having to open a forex account?

Answer
Yes there is, you do not have to open a forex account - the ETF that track the price of gold is 'GETF'. Search for it on Yahoo's ETF section in the finance page.